Saudi Cable Company Profits Surge 54% to SAR 18 Million in Q2

Saudi Cable Company reported on Thursday a 54% increase in net profit to SAR 18 million during the second quarter, compared to SAR 12 million in the same period last year.

Operational losses for the quarter amounted to SAR 41 million, compared to a loss of SAR 19 million in the same quarter last year, reflecting a 115% increase in losses.

Net profit for the first half of 2025 reached SAR 65 million, compared to SAR 7 million for the same period last year, marking an impressive increase of 824%.

Earnings per share for the current period stood at SAR 9.72, compared to SAR 1.05 in the same period last year.